Market Overview:
Microencapsulation technology is a process of enclosing small particles or droplets of one substance within another. The outer coating can be made from a variety of materials, including polymers, proteins, and lipids. Microencapsulation has found various applications in different industries such as pharmaceuticals & healthcare, food & beverage, home & personal care and agrochemicals among others. The global microencapsulation technology market is expected to grow at a CAGR of 7.5% during the forecast period 2018-2030. The growth in this market can be attributed to the increasing demand for microencapsulated products across different industries coupled with the technological advancements in the field of microencapsulation.
Product Definition:
Microencapsulation is a technology used to create tiny capsules that contain one or more substances. The capsules are made of a material that will not dissolve in the surrounding fluid, and they can be made very small, about 1-5 micrometers in diameter. Microencapsulation has many applications, including drug delivery, food preservation and flavor enhancement, and cosmetics.
Solid:
Solid is a material that remains at the same temperature as its surroundings. It has been widely used in microencapsulation technology, and it can be categorized into two types: solid at room temperature (room-temperature solid) and high-temperature solid. The growth factor of this market is mainly driven by the increasing demand for encapsulated drugs due to their several advantages such as controlled release, targeted delivery, enhanced absorption & bioavailability, etc.
Liquid:
Liquid is a transparent, odorless and tasteless liquid that can be used as a carrier for microencapsulated products. It helps in increasing the shelf life of encapsulated product and also provides protection from moisture & light for the encapsulated products.
The major advantages of using liquid are it’s environment friendly nature, no risk of contamination due to its non-toxic properties and it has high thermal stability which helps in maintaining the temperature during transportation & processing.
Application Insights:
The global market is segmented by application into pharmaceutical and healthcare, food and beverage, home and personal care, agrochemical, paints and coatings, other industries. The pharmaceutical industry was the largest consumer of microencapsulated products in 2015. This can be attributed to the high efficiency encapsulation process that protects drugs from degradation during transit as well as storage. Furthermore, this technology helps maintain the stability of active ingredients throughout the supply chain which further enhances product demand in this sector.
The food & beverage application segment accounted for a significant share owing to its efficient delivery system that enables rapid absorption by body tissues without any damage caused thereby enhancing overall product performance across all applications globally. Microencapsulated products are widely used in dairy products such as cheese making; meat including poultry; bakery & confectionery items such as chocolates; oils & fats including salad dressings; beverages including soft drinks where they act as flavor enhancers or nutritional additives etc.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing product demand from end-use industries, such as food & beverage and pharmaceuticals. In addition, rising disposable income levels in emerging economies of Asia Pacific are anticipated to fuel industry expansion over the coming years.
North America accounted for a significant share of global revenue owing to early adoption of microencapsulation technology by several end-use industries in this region. However, stringent regulatory guidelines regarding disposal and handling procedures may hinder industry growth in North America during the forecast period.
Growth Factors:
- Increasing demand for encapsulated ingredients in food and beverage industry
- Rising prevalence of chronic diseases and growing awareness about the benefits of microencapsulation technology for drug delivery
- Technological advancements in the field of microencapsulation
- Growing application areas of microencapsulation technology
- Rising investments by key players in research and development activities to develop new products
Scope Of The Report
Report Attributes
Report Details
Report Title
Microencapsulation Technology Market Research Report
By Type
Solid, Liquid, Others
By Application
Pharmaceutical & Healthcare, Food & Beverage, Home & Personal Care, Agrochemical, Other
By Companies
BASF, M, Evonik, Balchem Corporation, Aveka, GAT, DSM, Watson Inc, Vantage Specialty Chemicals, Encapsys, TasteTech, Microtek Laboratories, Reed Pacific, Capsulae
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
245
Number of Tables & Figures
172
Customization Available
Yes, the report can be customized as per your need.
Global Microencapsulation Technology Market Report Segments:
The global Microencapsulation Technology market is segmented on the basis of:
Types
Solid, Liquid, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Pharmaceutical & Healthcare, Food & Beverage, Home & Personal Care, Agrochemical, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- BASF
- M
- Evonik
- Balchem Corporation
- Aveka
- GAT
- DSM
- Watson Inc
- Vantage Specialty Chemicals
- Encapsys
- TasteTech
- Microtek Laboratories
- Reed Pacific
- Capsulae
Highlights of The Microencapsulation Technology Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Solid
- Liquid
- Others
- By Application:
- Pharmaceutical & Healthcare
- Food & Beverage
- Home & Personal Care
- Agrochemical
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Microencapsulation Technology Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Microencapsulation technology is a process that uses small capsules to enclose a substance. The capsules are then sealed and the substance is released over time. This technology can be used to create drugs, vitamins, minerals, and other substances.
Some of the major players in the microencapsulation technology market are BASF, M, Evonik, Balchem Corporation, Aveka, GAT, DSM, Watson Inc, Vantage Specialty Chemicals, Encapsys, TasteTech, Microtek Laboratories, Reed Pacific, Capsulae.
The microencapsulation technology market is expected to register a CAGR of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Microencapsulation Technology Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Microencapsulation Technology Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Microencapsulation Technology Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Microencapsulation Technology Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Microencapsulation Technology Market Size & Forecast, 2020-2028
4.5.1 Microencapsulation Technology Market Size and Y-o-Y Growth
4.5.2 Microencapsulation Technology Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Solid
5.2.2 Liquid
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Pharmaceutical & Healthcare
6.2.2 Food & Beverage
6.2.3 Home & Personal Care
6.2.4 Agrochemical
6.2.5 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Microencapsulation Technology Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Microencapsulation Technology Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Solid
9.6.2 Liquid
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Pharmaceutical & Healthcare
9.10.2 Food & Beverage
9.10.3 Home & Personal Care
9.10.4 Agrochemical
9.10.5 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Solid
10.6.2 Liquid
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Pharmaceutical & Healthcare
10.10.2 Food & Beverage
10.10.3 Home & Personal Care
10.10.4 Agrochemical
10.10.5 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Solid
11.6.2 Liquid
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Pharmaceutical & Healthcare
11.10.2 Food & Beverage
11.10.3 Home & Personal Care
11.10.4 Agrochemical
11.10.5 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Solid
12.6.2 Liquid
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Pharmaceutical & Healthcare
12.10.2 Food & Beverage
12.10.3 Home & Personal Care
12.10.4 Agrochemical
12.10.5 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Solid
13.6.2 Liquid
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Pharmaceutical & Healthcare
13.10.2 Food & Beverage
13.10.3 Home & Personal Care
13.10.4 Agrochemical
13.10.5 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Microencapsulation Technology Market: Competitive Dashboard
14.2 Global Microencapsulation Technology Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 BASF
14.3.2 M
14.3.3 Evonik
14.3.4 Balchem Corporation
14.3.5 Aveka
14.3.6 GAT
14.3.7 DSM
14.3.8 Watson Inc
14.3.9 Vantage Specialty Chemicals
14.3.10 Encapsys
14.3.11 TasteTech
14.3.12 Microtek Laboratories
14.3.13 Reed Pacific
14.3.14 Capsulae
